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70 Beacon St Somerville, MA 02143

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Prime Somerville/Cambridge retail building with two units and parking.

Property Features for 70 Beacon St

General Information

Standard status
Active

Building Details

Year built
1900

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Listing Contact
Sean Rose
Source: Corcoran

Listing Agency: City Realty Group Listing Agent: Sean Rose

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Inman Square Retail Opportunity

This property presents a retail opportunity in the Inman Square area of Somerville/Cambridge, a densely populated location with over 60,000 residents within a 1-mile radius. The building includes two retail units with frontage on Beacon Street. Unit #70 is a 2,020 square foot bar/restaurant tenant with a lease extending to 2034, paying $53.47 per square foot NNN with annual increases, and covering 55% of the site’s expenses. Unit #70E is an 1,800 square foot space formerly used as a veterinary clinic, suitable for an owner occupant or investor to lease out. Both units include full basements. On-site parking is available, along with signage opportunities and street parking in the immediate area. The property is located across the street from Whole Foods and near CHA Cambridge Hospital.
Location Intelligence

Current Use by Public Records

Thirsty Scholar Pub Restaurant Huron Veterinary Hospital Veterinary Clinic Tall Order Restaurant

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Somerville
County
Middlesex
State
Massachusetts
Longitude
-71.1043106
Latitude
42.3763713

FAQs

What type of property is this?
Retail space - Prime Somerville/Cambridge retail building with two units and parking.
Where is this retail space located?
The property is located at 70 Beacon St Somerville, MA.
What are key features of this property?
This property features: - Prime Inman Square location with high population density (over 60,000 residents within 1 mile).; - Existing tenant (bar/restaurant) in Unit #70 provides stable income at $53.47 psf NNN with annual increases until 2034, covering 55% of site expenses.; - Unit #70E (1,800 SF former veterinary clinic) offers opportunity for owner occupancy or additional rental income.
More about this property
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